Skip to main content Skip to log on Skip to search Accessibility at CommBank

Moving to Australia / Banking / Rates & fees

Monthly account fees

Account Type
Monthly fee
Everyday Account Smart Access

Open an account online and we will waive your account fees for the initial 12 month period. After this, the fee may be waived if other exemption criteria are met.1
$4 per month1
Everyday Account Smart Access for students

We’ll waive your monthly account fee if you’re under 30 or meet other conditions.1
$4 per month1

For more information about monthly account fees, please refer to the terms and conditions of our Transaction, Savings and Investment Accounts.

Withdrawal fees

Description
Fee
Assisted withdrawals in a branch, agency or through telephone banking.
(Transacting, Saving & Investing accounts*)
Nil
Cheques written by you and negotiated through the clearing system (excluding those cashed over-the-counter at a CommBank branch).
$3

* For a full list of accounts, please refer to Section 3.2.1 of the terms and conditions of our Transaction, Savings and Investment Accounts (PDF).

CommBank ATM fees

No ATM withdrawal fees with the largest branch and ATM network in Australia

Non-CommBank ATM fees

ATM owners may charge a fee, which will be disclosed at the time of the transaction. If you proceed with the transaction, the ATM owner’s fee will be debited to your account (in addition to the withdrawal amount, if applicable).  You should check the ATM owner’s fees that apply carefully before completing transactions at non-CommBank ATMs in Australia.

International ATMs and transaction fees

Description
Fee
Access to networks overseas:
  • ASB Bank ATMs in New Zealand
  • CommBank ATMs outside Australia
The fee is debited to your account when you make the withdrawal.
AUD$2.00 each
Access to networks overseas:
  • Any other cash withdrawal overseas.
AUD $5.00 plus 3.5% of the transaction value
International transaction fee:
  • Maestro (EFTPOS) purchase or Debit MasterCard purchase that involves currency conversion.
3.5% of the transaction value
International transaction fee:
  • Maestro (EFTPOS) purchase or Debit MasterCard purchase in Australian dollars at an overseas merchant. 
3.5% of the transaction value

We can help

Things you should know

  • The advice on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the advice, consider its appropriateness to your circumstances. Please view our Financial Services Guide (PDF 68KB). Full terms and conditions for the transaction and savings accounts (PDF 660KB) mentioned and Electronic Banking are available here or from any branch of the Commonwealth Bank.

  • 1 Monthly account fee waived for accounts with at least $2,000 deposited each calendar month (excludes Bank initiated transactions), if you’re under 30 years of age (for joint accounts, all account holders must be under 30), or meet the eligibility criteria for one of the following CommBank Yello tiers for that month: CommBank Yello Plus, Gold or Diamond. See the CommBank Yello Terms and Conditions for eligibility criteria. You may also be eligible for a different monthly account fee exemption if you have an aged, disability or war veterans’ pension deposited in your account, have a balance of $50,000 or more in eligible contributing accounts, are reliant on over the counter services because of a disability or have an eligible home loan or meet other criteria. See the Transaction, Savings and Investment Accounts Terms and Conditions for full eligibility. Find out more about rates and fees.

  • 2 You can only incur one overdraw fee, per account, per day regardless of the number of overdrawing transactions or payments that go through in that day. The fee is usually charged the next business day.